LONDON--(BUSINESS WIRE)--Technavio has been monitoring the e-passport market and it is poised to grow by USD 23.93 billion during 2019-2023, progressing at a CAGR of almost 21% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. De La Rue Plc, Giesecke+Devrient GmbH, IDEMIA, Infineon Technologies AG, and Thales Group are some of the major market participants. The need for multimodal biometrics will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Need for multimodal biometrics has been instrumental in driving the growth of the market.
E-Passport Market 2019-2023: Segmentation
E-passport market is segmented as below:
-
Component
- Software
- Hardware
- Services
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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E-Passport Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our e-passport market report covers the following areas:
- E-Passport Market Size
- E-Passport Market Trends
- E-Passport Market Industry Analysis
This study identifies increasing number of fake passports as one of the prime reasons driving the e-passport market growth during the next few years.
E-Passport Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the e-passport market, including some of the vendors such as De La Rue Plc, Giesecke+Devrient GmbH, IDEMIA, Infineon Technologies AG, and Thales Group. Backed with competitive intelligence and benchmarking, our research reports on the e-passport market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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E-Passport Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist e-passport market growth during the next five years
- Estimation of the e-passport market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the e-passport market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of e-passport market vendors
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY COMPONENT
- Market segmentation by component
- Comparison by component
- Software - Market size and forecast 2018-2023
- Hardware - Market size and forecast 2018-2023
- Services - Market size and forecast 2018-2023
- Market opportunity by component
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Demand for multimodal biometrics
- Introduction to virtual mobile identity (digital travel credentials)
- Increasing adoption of ICAO public key directory (PKD)
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- De La Rue Plc
- Giesecke+Devrient GmbH
- IDEMIA
- Infineon Technologies AG
- Thales Group
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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